Adam Forstot has joined Artex Risk Solutions as vice president of business development, effective immediately.
Forstot will be responsible for the marketing and development of new captives and alternative risk programmes for property and casualty and employee benefits.
In addition, he will also work on the structuring and implementation of alternative risk and captive mechanisms including fronted programmes, reinsurance and financial products.
Previously, Forstot served as USA Risk Group as vice president of business development. He worked at the company for just over 14 years.
Kevin Doyle, senior vice president of business development, North America, said: “We’re so pleased that Adam has joined Artex’s business development team. His depth of experience in the captive marketplace is a great fit for us and we know he’ll bring great value to our broker partners and clients."